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Tuesday
Jul172012

Warren Buffett: "Get down on your knees and thank the LORD for Ben Bernanke" (VIDEO)

For anyone who missed this clip the first time around.

This is a must read on Warren Buffett and his love of bailouts:

http://blogs.reuters.com/rolfe-winkler/2009/08/04/buffetts-betrayal/

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Reader Comments (25)

When I get on my knees, Buffett will be on his elbows.
Feb 3, 2011 at 3:43 PM | Unregistered CommenterCheyenne
Pathetic!

Had to go puke after watching that one.
Feb 3, 2011 at 4:03 PM | Unregistered CommenterSagebrush
hey sage...good to see you...yes, pathetic...buffett has now ruined his mojo with the american people...he's no longer a regular guy from omaha as he like portraying himself..he's now seen as a wall street bastard...as he should be...
Feb 3, 2011 at 5:03 PM | Registered CommenterDailyBail
nice one chey...
Feb 3, 2011 at 5:04 PM | Registered CommenterDailyBail
Totin' the line..huh Warren you little bitch! I guess only real men can speak what is actually on their minds and the truth of the matter. Its good to know you have a master too!
Feb 3, 2011 at 11:31 PM | Unregistered Commenterdogismyth
When the revolution starts, make sure you attack the criminal billionaires who have sucked off the Country's tit and blamed it on the working middle class.
Feb 4, 2011 at 12:42 AM | Unregistered CommenterBenny and the Talibanks
When a bank robber hears the sirens coming, he starts frantically stuffing as much cash into the duffle bags as he can.

When a central banker hears the auditors coming, he shifts into QE3.

All that Wall Street rocket fuel in the hands of commodity futures speculators ought to do the trick.

Welcome to Mr. Bernanke's neighborhood ... would you, could you ... won't you say, "Zimbabwe".
Feb 4, 2011 at 8:58 AM | Unregistered CommenterWil Martindale
Feb 4, 2011 at 10:09 AM | Unregistered Commenterjohn
To Charlie Munger: grow a set of balls, walk into any bar in Chicago with a union logo on it at 6 pm and tell the hard-working drinkers there that they need to "suck it up." You'll get a shot glass run off your eye.

Until then, shut the fuck up and tell your Daddy to blow me.
Feb 4, 2011 at 10:10 AM | Unregistered CommenterCheyenne
Jesus, john, that transcript is dynamite. This country needs more truth-tellers like Judge Farmer and fewer glorified cheats like Warren.
Feb 4, 2011 at 10:19 AM | Unregistered CommenterCheyenne
We need that Judge on the Supreme Court!
Feb 4, 2011 at 10:35 AM | Unregistered CommenterSagebrush
@ cheyenne, thanks.... Here are a few more stories everyone might appreciate.

An Interview with Alan Nasser
The Student Loan Swindle
By MIKE WHITNEY

http://www.counterpunch.org/whitney02042011.html

and this:

Special report: Jamie Dimon wants some R-E-S-P-E-C-T

http://www.reuters.com/article/2011/02/04/us-jpmorgan-dimon-idUSTRE7133EE20110204
Feb 4, 2011 at 11:05 AM | Unregistered Commenterjohn
C'mon guys give good ol Warren some credit. He said it was an Economic Pearl Harbor and the " team" did the right job.
Exactly, just like in Pearl Harbor for which there was foreknwoledge and the "team" in the government let it happen, this Paulson, Greenspan, Bernanke, Geithner "team" knew what they were doing and LET IT HAPPEN --- ON PURPOSE, or do you per chance theink they are dumb? they are not dumber than good ol Warren.

It would have been a lot cheaper to subsidize the debtors, but that would not have accoplished the transfer of trillions to the Bankster masters of the FED and Government.

Duuuu.
Feb 4, 2011 at 1:08 PM | Unregistered CommenterAristotle Lives
You think Rockafeller did not know what was coming back in the 30's? Did he just happen to exit the market by chance or skill before the great crash....or was there a little insider info being spread behind the magic curtain? Warren is no brilliant mind or sage...just a rich SOB with connections....connected to whomever is in power at the moment. Money is not a respecter of persons.......AB
Feb 6, 2011 at 11:42 PM | Unregistered CommenterAint' Bullshitin'
I wonder how many millions he made off Bernank's quick thinking. These guys currently in charge of the financial institutions are about as good for America as the IMF is for a third world country.
Feb 16, 2011 at 9:27 AM | Unregistered CommenterWhitemellon
Actually, Whitemellon, even though Warren Buffett enjoys sovereign immunity for his well-documented insider trading activities, on straight-up investment performance he's been absolutely CRUSHED by David Tepper on both 5-year and 10-year performance.

http://www.gurufocus.com/score_board.php

Tepper has openly stated that the Federal Reserve has completely manipulated the stock market. Warren lacks both the brains and the balls to speak the truth like that.
Feb 16, 2011 at 10:31 AM | Unregistered CommenterCheyenne
Warren Buffett Receives Presidential Medal Of Freedom

http://www.ketv.com/r/26881090/detail.html
Feb 16, 2011 at 11:32 AM | Unregistered Commenterjohn
Perfect, john. Buffett is free to engage in insider trading, while Bush Sr. is free to engage in war crimes. So they get medals from the transparency president.

Ken Lewis (defrauding shareholders) must be furious at the snub.
Feb 16, 2011 at 12:04 PM | Unregistered CommenterCheyenne
The ignorance I've read on this topic scares me waaaaay more than Ben Bernanke, Warren Buffet, and Bernie Madoff all rolled into one.
Feb 16, 2011 at 4:52 PM | Unregistered CommenterLynn
What topic is that? Can you be a tad more specific?
Feb 16, 2011 at 4:56 PM | Unregistered CommenterCheyenne
Too-cool-for-school innuendo doesn't work in these parts, Lynn. Next time come with facts, or not at all.

Look up Warren Buffett and Moody's (MCO). Moody's largest shareholder, Warren Buffett, traded on inside information. Fact. Deal with it. Sorry if it bursts your bubble that your hero is a fraud.
Feb 17, 2011 at 8:01 AM | Unregistered CommenterCheyenne
@Lynn
The fact that Ben Bernanke, and Warren Buffet aren't sitting in cells next to Madoff along with all the other conspirators and inside traders involved in the economic rape of the middle class is what should scare the crap out of you.

Of course if your one of the elite 1% I can see why you would be scared of our conversations on this topic.
Feb 17, 2011 at 4:42 PM | Unregistered CommenterSagebrush
Warren has been licking to much ice cream off the nads of the Dairy Queen. No fool like an old fool and that fool is bought and paid for. Like he really can relate to the average person. When this country goes down the drain he will be on some island with Lia Taylor's corpse doing the down and dirty.
Mar 23, 2011 at 3:14 PM | Unregistered CommenterInurface
should of asked him about what he tought about iceland jailing the bankers and firing the politicians.
Jul 18, 2012 at 8:47 AM | Unregistered Commentersuezz
Buffett’s Betrayal

A good chunk of his fortune is dependent on taxpayer largess. Were it not for government bailouts, for which Buffett lobbied hard, many of his company’s stock holdings would have been wiped out.

Berkshire Hathaway, in which Buffett owns 27 percent, according to a recent proxy filing, has more than $26 billion invested in eight financial companies that have received bailout money. The TARP at one point had nearly $100 billion invested in these companies and, according to new data released by Thomson Reuters, FDIC backs more than $130 billion of their debt.

To put that in perspective, 75 percent of the debt these companies have issued since late November has come with a federal guarantee.

more

http://blogs.reuters.com/rolfe-winkler/2009/08/04/buffetts-betrayal/
Jul 18, 2012 at 10:37 AM | Unregistered CommenterLiberatedCitizen

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